I've been buying APPC all the way down. But I didn't sell any.

Nice one !

He's the banker's banker. Knows whot's whot in banking.

Sez bitcon's a ponzi.
Sez it uses too much energy.
Sez trusted institutions are the basis of "sound money".
Sez bitcoin's piggy backing on "trusted institutions".

A recent recruit to "wall observing":

$1875 wall on bitstamp. Seems the guy is taking chunks out of it and going straight for market buys.

1. Goto here: https://www.c-span.org/video/?c4713250/cryptocurrency

2. Move the slider to 01:20:30

Listen to what the chairman of the CFTC says about Bitcoin/blockchain tech.

Amazing !

Senate committee witnesses MASSIVELY BULLISH on bitcoin and blockchain applications.

Emergency over....to da moon !

There is one crypto that appears to be performing absolutely IMMENSLY in this crash.

That is UNO = Unobtanium.

I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible.

Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same

UNO performing IMMENSLY in the crash. It's actually grown in dollar value and gained substantially against bitcoin. Nearly ATH if you exclude that anomylous spike from last year.

Japan down 5% now and falling.

Japan markets just opened. Seems they didn't want to be left out of the party.

I find this indication quite interesting. It's the 1-Week MACD histogram for Bitcoin/USD. The thing is, I've NEVER seen it go so deep on the very first bar before. The only thing I've seen close to it is Monero crash in Autumn 2016 and even that was slower than this Bitcoin crash.

For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash). What may happen then is once they're ready to cover in the future's market they'll do the same thing in reverse - i.e. go long in futures, then come back to the cash market and drive it up to kingdom come, collecting cash in the futures market and bitcoins in the cash market. In this way the "institutionals" can strip ordinary traders of their holdings over time and build their positions.



This article seems to lend some credence to that idea:

Instituions were behind the pump. They're also behind the dump.

It's how they "get in".

That function has just been temporarily suspended.

Normal service will be resumed asap

Revert to logarithimic charts for pain releif 

The professor's tweeting on full power today.

What's gonna happen with tether ?

Looks like Dash/BTC market on launch pad now folks. Deserved momentum for the monetary assets !

********* Amber Alert *********

Dash.BTC market momentum indicators all starting to line up with a coherent story.



On balance volume reading from the same hymn sheet. Lower range moving averages crossing to the upside and longer ranges neutral at worst.



Seems that last dump to 0.056 was capitulation but not enough to satisfy market as trading momentum, volume and price have now all inflected to the upside at both short and long ranges.

WARNING:

Watch out for Poloniex phishing scam.

Someone seems to have a full list of names and email addresses (possibly obtained from a different source from the exchange itself as Poloniex don't have my name) and is sending out a phishing email with "Our terms and conditions have changed. Please log in to approve.").

Obviously don't log in or they get your account password.